Facility management market – Predicted Growth, Trends, Opportunity & Analysis

Global Facility Management Market is projected to grow at a Compound Annual Growth Rate (CAGR) of over 11% during 2022-2027 owing to the growing adoption of IoT, change in organization structure & work management, presence of many enterprises, growth in the development of sustainable infrastructure and increasing demand for connected devices for building automation across various industry verticals.

Based on organization size, the market has been segmented into Large Small & Midsize. In 2021, the large enterprise segment dominated the market since facility management solutions allow organizations to monitor and regulate complex and huge facility infrastructures. Moreover, growing infrastructure-based developments, increasing demand for sustainable facility management solutions and rising technology integration are some of the other factors that would aid the global facility management market during the forecast period.

Some of the leading players in the Global Facility Management Market

1. IBM
2. SAP
3. CA Technologies
4. Maintenance Connection
5. Officespace,
6. Facilityone Technologies
7. Oracle
8. Ioffice Corporation
9. Archibus, Inc.
10. Planon Corporation, etc.

The Objective of the Study:

• To analyze and forecast the market size of the Global Facility Managements Market, in terms of value.
• To classify and forecast Global Facility Management Market based on services, components, deployment, market penetration, product, organization size, application, and regional distribution.
• To identify drivers and challenges for Global Facility Management Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Facility Management Market.
• To conduct the pricing analysis for Global Facility Managements Market.
• To identify major trends in the Global facility management market.
• To profile major companies operating in the Global facility managements market.

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To analyze and forecast the Global Facility Managements market, both top-down and bottom-up approaches have been used. Multiple employees from various companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in the Global facility management market was conducted, which includes analysis of information such as ongoing projects, followed by the details of the expected year of commissioning and estimated investments along with the expansion plans of various projects globally.

Moreover, detailed and in-depth scrutiny of information was done to understand each policy and external or internal factors, which could increase or decrease demand for facility management services globally. Various secondary sources such as white papers and secondary literature on International Monetary Fund, World Bank, Company Websites & Annual Reports, etc., were also studied by TechSci Research.

Key Target Audience:

• Facility management service providers and other stakeholders
• Major customers (Residential complexes, commercial buildings, hotels, malls, etc.)
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as facility management service providers, customers, and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, Global Facility Managements Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Services:
  • Cleaning
  • Property
  • Catering
  • Support
  • Security
  • Others
• By Component:
  • Solution
  • Services
• Market, By Deployment:
  • On-Premises
  • Cloud
• Market, By Market Penetration:
  • Organized
  • Unorganized
• Market, By Product Type:
  • Interior
  • Exterior
• Market, By Organization Size:
  • Large
  • Small & Midsize Organized
• Market, By Industry Vertical:
  • BFSI
  • IT & Telecom
  • Public sector
  • Healthcare
  • Manufacturing
  • Retail
  • Real Estate
  • Others
• Market, by Region:
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Malaysia
  • Europe & CIS
    • France
    • Germany
    • United Kingdom
    • Italy
    • Spain
  • North America
    • United States
    • Mexico
    • Canada
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Facility Managements Market.

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Product Overview

2. Research Methodology
3. Impact of COVID-19 on Global Facility Management Market
4. Executive Summary
5. Voice of Customer
6. Global Facility Managements Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Services

6.2.2.     By Component (Solution and Services)

6.2.3.     By Deployment (On-Premises and Cloud)

6.2.4.     By Market Penetration (Organized & Unorganized)

6.2.5.     By Product Type (Interior and Exterior)

6.2.6.     By Organization Size (Large and Small & Midsize)

6.2.7.     By Application (Commercial, Industrial & Residential)

6.2.8.     By Region

6.3.  Market Attractiveness Index

7. Asia-Pacific Facility Management Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Services

7.2.2.     By Component

7.2.3.     By Deployment

7.2.4.     By Organization Size

7.2.5.     By Application

7.2.6.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Facility Management Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Services

7.4.1.2.2.             By Component

7.4.1.2.3.             By Application

7.4.1.3.         Market Attractiveness Index

7.4.2.     India Facility Management Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Services

7.4.2.2.2.             By Component

7.4.2.2.3.             By Application

7.4.2.3.         Market Attractiveness Index

7.4.3.     Japan Facility Management Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Services

7.4.3.2.2.             By Component

7.4.3.2.3.             By Application

7.4.3.3.         Market Attractiveness Index

7.4.4.     South Korea Facility Management Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Services

7.4.4.2.2.             By Component

7.4.4.2.3.             By Application

7.4.4.3.         Market Attractiveness Index

7.4.5.     Australia Facility Management Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Services

7.4.5.2.2.             By Component

7.4.5.2.3.             By Application

7.4.5.3.         Market Attractiveness Index

7.4.6.     Singapore Facility Management Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Services

7.4.6.2.2.             By Component

7.4.6.2.3.             By Application

7.4.6.3.         Market Attractiveness Index

7.4.7.     Malaysia Facility Management Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Value

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By Services

7.4.7.2.2.             By Component

7.4.7.2.3.             By Application

7.4.7.3.         Market Attractiveness Index

8. Europe & CIS Facility Management Market Outlook